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Reply to "Does anyone else believe the impending financial crash will be bigger than 2008-2009?"
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[quote=Anonymous][quote=Anonymous]The US is a third world country now, and maybe you're on the tail end of the spiral, or maybe you will be one of the very [b]very[/b] few people living in a gated compound with the slums creeping up to your walls. Your odds aren't good, though. No economy has ever survived this level of wealth inequality and speculation based on air. Your portfolio is a fantasy. We're going down. Whether it looks like 18th century France or 17th century Holland or god help us 21st century Syria, only time will tell. My bet is on Weimar Germany. [/quote] This of course is horseshit. None of those situations in any way resemble present times. There is little speculation in this market at the moment. Wealth inequality is an issue but not a dire one in the short to medium term. Economy is quite solid. What is not solid is the political situation which is making people lose their minds. [/quote]
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